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White House Seeks Tighter Rules For Credit Raters

Posted: 07/21/2009 - The Obama administration on Tuesday sent Congress legislation seeking to tighten government oversight of Wall Street's credit rating agencies and stem potential conflicts of interest in their business practices to protect investors.

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Democrats Challenge President’s Signing Statement

Updated: 07/21/2009 - Senior House Democrats are warning President Barack Obama he sounds too much like George W. Bush when Mr. Obama declared this summer that he could ignore legislation he thinks oversteps the Constitution.

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Byrd Returns To Senate

Posted: 07/21/2009 - Robert Byrd, the longest serving senator in history, has returned to the chamber after being absent for weeks due to illness.

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President Obama Won't Reject Health Care Surtax

Posted: 07/21/2009 - President Barack Obama is declining to take a surtax off the table in the escalating debate over how to pay for a new health care system that would cover millions of uninsured people.

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Bernanke Tells Congress That Fed Has Exit Strategy

Updated: 07/21/2009 - Federal Reserve Chairman Ben Bernanke says the Fed will be able to reel in its extraordinary economic stimulus and prevent a flare up of inflation when the recovery is more firmly rooted.

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Senior Democrats Call On Treasury To Be More Open

Posted: 07/21/2009 - Two senior congressional Democrats pointedly called on the Obama administration Tuesday to make the $700 billion financial bailout program more visible and accountable to taxpayers, with one complaining that Treasury's approach to the fund is, "Don't ask, don't tell."

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Senate Takes up Concealed Weapons Measure

Posted: 07/20/2009 - If South Dakota Senator John Thune has his way, people would have the right to carry concealed weapons across most state lines.

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Lawmakers: SC Gov's Pricey Seats Need Closer Look

Posted: 07/20/2009 - South Carolina legislators are planning a closer look at Gov. Mark Sanford's travel spending, saying it doesn't square with state law requiring flying in cheap seats.

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BET Co-Founder Sides With Republican For Va. Gov

Posted: 07/20/2009 - A billionaire co-founder of the Black Entertainment Television network who is also a key Democratic donor has endorsed Republican Bob McDonnell for Virginia governor.

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White House Putting Off Budget Update

Posted: 07/20/2009 - Even as it pressures lawmakers to pass its $1 trillion health care initiative, the White House is being forced to face some stark economic realities.

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2008 Voting Rate Down As Older Whites Stayed Home

Posted: 07/20/2009 - For all the attention generated by last year's presidential race, census figures show the share of eligible voters who actually went to the polls in November declined from 2004.

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